Public Charity

METHODIST RETIREMENT COMMUNITIES GROUP RETURN

METHODIST RETIREMENT COMMUNITIES GROUP RETURN is a Public Charity headquartered in THE WOODLANDS, TX. Financial data from the 2024 filing: $114.6M revenue, $128.1M expenses, $384.2M total assets.

EIN: 384022302 THE WOODLANDS, TX Latest filing: 2024
Total Revenue$114.6M
Total Expenses$128.1M
Total Assets$384.2M
Grant Records0
Filing Years2019–2024

Mission

THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT.

Where $100 goes at Methodist Retirement Communities Group Return

How Methodist Retirement Communities Group Return divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$79 Programs the work itself
$21 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $79 for programs

$36
The organization provides independent living services for its residents at mrc cornerstone, mrc crestview, mrc pinecrest, happy harbor methodist home inc., Mrc senior living at clearklake, mrc senior…
46% of program spending · Reported in the filing: 108 units; 91 units; 119 units
$22
The organization provides assisted living and memory support services for its residents at mrc towncreek, mrc cornerstone, mrc crestview, mrc pinecrest, happy harbor methodist home inc., Mrc senior…
28% of program spending · Reported in the filing: 32 units; 18 units; 51 units
$20
The organization provides skilled nursing services for its residents at its ccrc locations at mrc towncreek, mrc cornerstone, mrc crestview, mrc pinecrest, happy harbor methodist home inc., And…
25% of program spending · Reported in the filing: 66 beds; 40 beds; 48 beds

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT AND CEO Mr Alan Brown
DIRECTOR Mr Bill King
DIRECTOR Mr Bill Koerner
DIRECTOR Mr Dale Conger
CHIEF FINANCIAL OFFICER Mr Don Stephens
DIRECTOR Mr Jim Bunch

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $114.6M $128.1M $384.2M
2023 $107.3M $125.6M $400.2M
2022 $93.6M $110.0M $420.1M
2020 $83.5M $96.5M $428.0M
2019 $78.2M $91.3M $326.6M

Between 2019 and 2024, reported annual revenue grew from $78.2M to $114.6M (+46%), with total assets most recently reported at $384.2M.

Interactive year-over-year charts and full filing details available with membership.

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